College Cost | Double Trouble for New Babies
John Darer • May 17, 2018
College costs set to nearly double from today's level by 2036, Says Wealthfront
In 2036, just 18 years from now, the cost of 4 years at a private university will be around $303,000, up from $167,000 today.
To get a degree at a public university you'll need about $184,000, compared with $101,000 now.
The cost of attending Stanford, MIT or Harvard for 4 years will approach half a million dollars.
And Cal Berkeley, UCLA and University of Texas say Austin costs are expected to approach $400,000.
These forecasts were provided by Wealthfront, an automated investment platform that offers college saving options. It uses Department of Education data on the current cost of schools along with expected annual inflation to come up with its projections which were also recently published by CNBC.
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